Three Arrows Capital’s NFTs collection to be liquidated
As part of 3AC’s bankruptcy proceedings, over 300 NFTs from Starry Night Capital were moved this week. Go to Source Powered by WPeMatico
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Anchorage co-founder sees ‘tons of opportunity’ as it expands into Asia
Anchorage Digital has marked its plans for expansion into the Asian crypto market, with co-founder Diogo Mónica noting that Singapore is just a starting point. Go to Source Powered by WPeMatico
Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN
Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno Raises $18 Million in a Funding Round Led … Read more
Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners
According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that “opportunities” arise in “every cycle.” Bitdeer Wants to Acquire Cheap Machines From Distressed Bitcoin Miners … Read more
Almost everything could be tokenized in 5-10 years — Matrixport co-founder
Cost efficiencies, improved liquidity, 24/7 market access, and the removal of intermediaries were the main advantages’ cited which blockchain infrastructure has over current legacy systems. Go to Source Powered by WPeMatico
Singapore strives to remain relevant amid regulatory tightening for retail investors
Singapore’s largest bank expanded crypto trading for accredited investors only, aligned with financial authorities’ views. Go to Source Powered by WPeMatico
Breaking: Interpol ‘Red Notice’ issued for Do Kwon — South Korea prosecutors
The Terraform Labs co-founder faces charges in South Korea relating to the crash of the Terra ecosystems’ cryptocurrencies. Go to Source Powered by WPeMatico
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following the reports that revealed the mining firm purchased Le Freeport. Bitdeer Purchases Maximum Security Vault … Read more
South Korean authorities ask Interpol to issue ‘Red Notice’ for Do Kwon: Report
According to Interpol, there are currently 7,151 individuals publicly named on the agency’s Red Notice list out of 69,270. Go to Source Powered by WPeMatico
Terra co-founder Do Kwon says he’s not ‘on the run’
Kwon didn’t reveal his whereabouts in a series of Tweets responding to claims he fled Singapore after an arrest warrant was issued on Wednesday. Go to Source Powered by WPeMatico